Is this the same econnect of BETT????
TRIBUNE ACQUIRES ACADEMIC SOFTWARE, A LEADING PROVIDER OF ONLINE SERVICES TO COLLEGES AND UNIVERSITIES
CHICAGO, Jun 22, 1999 /PRNewswire via COMTEX/ -- Tribune Company has acquired Academic Software, Inc. (ASI), a privately held company that provides automation tools to college and university career centers. ASI offers a line of software products that facilitate online interaction among students, career centers and employers. ASI, based in Austin, Texas, will become a business unit of Tribune Interactive. Terms were not disclosed.
In September, ASI will launch Econnect, a Web-based product that enables schools to create campus-specific intranet sites that help students and alumni find jobs. Econnect allows a career center to link students and recent graduates with employers seeking entry-level and early-career job candidates.
"ASI is an outstanding strategic fit for Tribune," Jeff R. Scherb, Tribune Interactive president, said. "Tribune's print and online products are leading resources for job seekers and employers nationwide, and ASI has relationships with career centers across the country, serving hundreds of thousands of students and alumni. Together, we'll be able to make it easier for youngjob candidates, career center professionals and employers to interact."
"Our mission is to make the college career center the place where students, alumni and employers can intersect quickly and easily. This is a win for all sides: ASI, Tribune, the university career centers, young job seekers and employers," said Erik Mulloy, ASI founder and CEO. "Workforce development is the greatest business need today. We're proud to be partnering with hundreds of schools and thousands of employers to make this process simpler and more efficient."
ASI products can be found at higher-education schools nationwide, including large state universities.
"Web-based products such as Econnect are a breakthrough in helping us provide superior career services to our students," said Rick Sayers of the University of Florida's career resource center.
"ASI has the ability to combine state-of-the-art database development with Web-based registration of job applicants and employers -- all within control of our office," added Richard Abel, career placement director at the University of Cincinnati.
Tribune (NYSE: TRB) is a leading media company with operations in television and radio broadcasting, publishing, education and interactive ventures. It is an industry leader in venture partnerships with new-media companies. In 1999, for the second straight year, Tribune ranked No. 1 among its industry peers in Fortune magazine's list of America's most-admired companies.
Tribune Interactive brings together the interactive functions of Tribune Company's four newspapers and 17 television stations, as well as other Internet products and services, including Black Voices, Go2Orlando.com and Digital City sites for Chicago, Hampton Roads, Orlando and South Florida. The group also is responsible for developing new Internet products andservices.
More information on Tribune is available on the Internet: tribune.com. Earnings and other news releases also can be accessed by calling 800-757-1694.
Academic Software, Inc. is North America's market leader in providing automation tools in support of college and university career centers. Based in Austin, Texas, ASI has been meeting the needs of its clients since 1987. More information on ASI can be found at www.acadsoft.com .
SOURCE Tribune Company
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Media, Katherine Sopranos, 312-222-4204, or fax,
312-222-1573,
or ksopranos@tribune.com; or Investors, Ruthellyn
Musil, 312-222-3787, or fax,
312-222-1573, or rmusil@tribune.com, both of Tribune
Company; or Erik Mulloy
of ASI, 512-380-0505, or fax, 512-380-0477, or
erik@acadsoft.com
WEB PAGE: acadsoft.com
tribune.com
GEOGRAPHY: Illinois
Texas
INDUSTRY CODE: PUB
EDU
ENT
SUBJECT CODE: TNM
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